Fred Wilpon

Mets ranked sixth most valuable team in baseball
Mets ranked sixth most valuable team in baseball
News Terence M. Cullen 3/28/2013 at 2:04PM

The Mets are the sixth most valuable team in Major League Baseball according to Forbes, possibly putting to rest concerns the team is underwater on the financial front. Forbes listed the Amazin’s value at $811 million – a 13-percent increase from last year. The crosstown rival Yankees ranked first with a $2.3 billion worth. Between [...]

Mayor Bloomberg: Willets Point facelift to bring thousands of jobs
Mayor Bloomberg: Willets Point facelift to bring thousands of jobs
News Timothy Petropoulos 6/14/2012 at 12:24PM

More than 12,000 construction jobs and 7,000 permanent jobs will come from the proposed Willets Point renovation, Mayor Michael Bloomberg said, which includes retail space, a hotel and quicker access to the Van Wyck Expressway. The reconstruction — to be funded by $3 billion in private investment, as well as $100 million in city capital [...]

Mets to host 2013 All-Star Game at Citi Field
Mets to host 2013 All-Star Game at Citi Field
News Billy Rennison 5/16/2012 at 2:44PM

Next year, the Mets home will field an all star at every position. Commissioner Bud Selig, Mets owner Fred Wilpon and Mayor Michael Bloomberg announced that Citi Field will host the 2013 MLB All-Star Game at a press conference Wednesday, May 16. This marks the ninth time the Midsummer Classic will be played in the [...]

Patience running thin in Queens
Patience running thin in Queens
Sports Michael Pantelidis 4/05/2012 at 10:47AM

Hope may spring eternal, but patience is running thin in Queens. The New York Mets enter the 2012 season as significant underdogs in one of Major League Baseball’s best divisions. As good as the National League East became this offseason – with Jose Reyes and Mark Buehrle joining the Miami Marlins, the emerging Washington Nationals [...]

Mets owners settle with Madoff trustee for $162 million
News Jay Lane 3/19/2012 at 9:45AM

The Mets owners and a trustee for Bernard Madoff’s fraud victims have settled for $162 million. The Mets owners will not pay anything for three years. Jury selection had been set to begin in a civil trial to determine how much the team owners will owe other investors who trusted their money to Madoff. Read more: New York [...]

‘Another step closer to the new Willets Point’
Business Steve Mosco 10/06/2011 at 1:33PM

The chop shop wasteland that is Willets Point continues to inch toward a rebirth. According to published reports, major developers and the owners of the New York Mets are among the firms that submitted Requests for Proposal (RFP) for the right to develop the site adjacent to Citi Field in Flushing. Sterling Equities, which is [...]